Soundfocus: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Soundfocus
Largest movements
- Cash +€42,599
up €42,599 (+102.5%), from €41,577 to €84,176
mainly Other debts (+€44,803) and Net result for the year (+€40,041)
- Receivables within one year -€29,684
down €29,684 (-63.5%), from €46,755 to €17,071
of which Trade receivables: -€29,684
- Tangible fixed assets -€5,265
down €5,265 (-93.6%), from €5,628 to €363
- Other debts +€44,803
up €44,803 (+104.1%), from €43,025 to €87,828
- Profit (loss) carried forward -€18,418
down €18,418 (-68.5%), from €26,894 to €8,476
- Reserves -€16,541
no longer reported in 2024 (was €16,541)
- Trade debts -€2,194
down €2,194 (-87.8%), from €2,500 to €306
- Turnover +€16,400
up €16,400 (+23.6%), from €69,512 to €85,912
- Gross operating margin +€13,888
up €13,888 (+25.5%), from €54,415 to €68,303
- Depreciation +€3,333
up €3,333 (+172.5%), from €1,932 to €5,265
- Staff costs -€3,000
down €3,000 (-20.0%), from €15,000 to €12,000
- Purchases and services +€2,512
up €2,512 (+16.6%), from €15,097 to €17,609
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €93,960 | €101,610 | +€7,650 | +8.1% |
| Fixed assets | 21/28 | €5,628 | €363 | -€5,265 | -93.6% |
| Tangible fixed assets | 22/27 | €5,628 | €363 | -€5,265 | -93.6% |
| Other tangible fixed assets | 26 | €5,628 | €363 | -€5,265 | -93.6% |
| Current assets | 29/58 | €88,332 | €101,247 | +€12,915 | +14.6% |
| Amounts receivable within one year | 40/41 | €46,755 | €17,071 | -€29,684 | -63.5% |
| Trade receivables | 40 | €46,255 | €16,571 | -€29,684 | -64.2% |
| Other amounts receivable | 41 | €500 | €500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €41,577 | €84,176 | +€42,599 | +102.5% |
| Total equity and liabilities | 10/49 | €93,960 | €101,610 | +€7,650 | +8.1% |
| Equity | 10/15 | €48,435 | €13,476 | -€34,959 | -72.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €16,541 | - | -€16,541 | |
| Distributable reserves | 133 | €16,541 | - | -€16,541 | |
| Profit (loss) carried forward | 14 | €26,894 | €8,476 | -€18,418 | -68.5% |
| Amounts payable | 17/49 | €45,525 | €88,134 | +€42,609 | +93.6% |
| Amounts payable within one year | 42/48 | €45,525 | €88,134 | +€42,609 | +93.6% |
| Trade debts | 44 | €2,500 | €306 | -€2,194 | -87.8% |
| Suppliers | 440/4 | €2,500 | €306 | -€2,194 | -87.8% |
| Other amounts payable | 47/48 | €43,025 | €87,828 | +€44,803 | +104.1% |
| Turnover | 70 | €69,512 | €85,912 | +€16,400 | +23.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €15,097 | €17,609 | +€2,512 | +16.6% |
| Remuneration, social security and pensions | 62 | €15,000 | €12,000 | -€3,000 | -20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,932 | €5,265 | +€3,333 | +172.5% |
| Other operating charges | 640/8 | €10,523 | €8,804 | -€1,719 | -16.3% |
| Gross operating margin | 9900 | €54,415 | €68,303 | +€13,888 | +25.5% |
| Operating profit (loss) | 9901 | €26,960 | €42,234 | +€15,274 | +56.7% |
| Financial charges | 65/66B | €66 | €60 | -€6 | -9.1% |
| Recurring financial charges | 65 | €66 | €60 | -€6 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €26,894 | €42,174 | +€15,280 | +56.8% |
| Income taxes | 67/77 | - | €2,133 | +€2,133 | |
| Profit (loss) for the period | 9904 | €26,894 | €40,041 | +€13,147 | +48.9% |
| Profit (loss) for the period to be appropriated | 9905 | €26,894 | €40,041 | +€13,147 | +48.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.